Managerial optimism and corporate investment: Some empirical evidence from Taiwan

By Yueh-hsiang Lin, Shing-yang Hu, Mingshen Chen. 2005

221 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/93c94149e6495bd1105a63cd09f482433923aa6a

Citations in the corpus

• Stock price crash risk: review of the empirical literature (2018, unknown): “Since research has found that overconfident CEOs are more prone to overinvestment compared to their diffident counterparts (Malmendier and Tate, 2005; Lin, Hu, and Chen, 2005; Huang, Jiang, Liu, and Zhang, 2011) replacing overconfident CEOs post-crash may be an effective remedy.”
• Managerial Ability, Investment Efficiency and Stock Price Crash Risk (2017, unknown): “Empirical evidence reveals that managerial overconfidence can lead to distortions in corporate investment decisions (Huang et al., 2011; Lin et al., 2005; Malmendier and Tate, 2005), and result in value-destroying mergers (Malmendier and Tate, 2008).”